NEW YORK - The U.S. services economy - from retailers and restaurants to real estate brokers - contracted less than expected in June in its best showing since before the financial crisis struck last fall, according to a private trade group's gauge.
Similar Stories to Service Sector Shrinks Less Than Expected In June on Bing News
Tali Arbel, Phoenix Arizona Republic: Business
Mon, 07/06/2009 - 10:46am
BING NEWS:
- US service sector activity accelerates to 1-1/2-year high; employment declining
U.S. services sector activity jumped to a 1-1/2-year high in September amid strong growth in new orders, more evidence that the economy remained on a solid footing in the third quarter.
10/3/2024 - 6:33 am | View Link - Bank of England to cut rates at every meeting until May, economists predict
The value of the pound dropped sharply after the Governor of the Bank of England said interest rate cuts could become a “bit more aggressive”. Sterling sank as much as 0.8pc to fall below $1.32 for ...
10/3/2024 - 6:32 am | View Link - What office meltdown? Developers see a shortage of high-end space and are rushing to build it
Tenants like Citadel, JPMorgan, and Meta have sought new top-tier offices. Little of it has been built in recent years — until now.
10/3/2024 - 12:00 am | View Link - Broadening gains in US stock market underscore optimism on economy
More stocks are participating in the S&P 500’s latest march to record highs, easing concerns over a rally that has been concentrated in a handful of giant technology names for much of 2024.
09/30/2024 - 9:33 am | View Link - Stocks Have Had a Record Run This Year. What's in Store for the 4th Quarter?
Stocks are trading at all-time highs heading into the fourth quarter, historically a strong stretch for markets. Here's what factors are likely to drive stocks higher or lower through the end of 2024.
09/30/2024 - 9:32 am | View Link - More
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